SCHIJNS JANET 4

What Happened
Director Janet Schijns received an equity award on June 1, 2026 consisting of 16,493 restricted stock units (RSUs) with an acquisition value of $11.52 per share, totaling $189,999. This transaction is recorded as an award/grant (transaction code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely filing).
• Award: 16,493 RSUs at $11.52 per share; total value reported $189,999.
• Shares owned after transaction: Not specified in this filing.
• Footnote F1: Each RSU represents the contingent right to receive one common share upon vesting.
• Footnote F2: 100% of the RSUs vest on June 1, 2027, subject to the reporting person’s continued service.

Context
RSU grants are a common form of executive/director compensation; these units do not convert into actual shares until they vest (here, one year after grant). This award is an acquisition on paper but does not represent an immediate cash purchase or a sale of stock. No 10b5-1 plan, tax-withholding, or late filing is noted in the provided details.